The Joint Ministerial Decision has been published in the Government Gazette, establishing the procedures and required documentation for interested parties to benefit from inclusion in the Golden Visa program under the special provisions of Article 100 of Law 5038/2023 and Article 64 of Law 5100/2024. These provisions relate to changes of use to residential properties, as well as the conditions for including listed buildings in the program.
It is noted that, in cases of investment through the purchase of real estate, where the main spaces are converted into residential use, the minimum acquisition value at the time of purchase remains €250,000. The same applies to investments in real estate consisting of an industrial building or part of an industrial building, or in which an industrial building is located, provided that no industry has been operating there for at least the past five years. The change of use must be completed before submitting the application for the investor’s permanent residence permit.
Specifically, the ministerial decision provides that for buildings converted into residences — formerly offices, warehouses, stores, or industrial spaces — a technical report from an engineer must be prepared, certifying the change of use as confirmed by the building permit inspection. For industrial properties, an additional certification is required to confirm that no industry operated there in the past five years, supported by evidence such as certifications from the Hellenic Electricity Distribution Network Operator (HEDNO/ΔΕΔΔΗΕ), E2 tax declarations, or other official confirmations.
For listed buildings, a notary certification of the property transfer deeds is required, explicitly stating the Government Gazette (FEK) number of the building’s classification and confirming that the classification remains active. The provisions now also cover cases of reconstruction or additions to already listed buildings.
